UMB Financial Corporation reported fourth-quarter earnings of $3.08 per share, surpassing the Zacks Consensus Estimate of $2.71 and up 24% from $2.49 in the year-ago quarter. Net interest income rose 18% year-over-year to $206 million, driven by a 12% increase in average loan balances and a 30 basis-point expansion in net interest margin. Non-interest income grew 4% to $95 million, supported by steady fee income in custody, trust and wealth management services.

The company’s total loans outstanding climbed 10% to $17.2 billion, while deposits increased 7% to $25.8 billion. Loan-to-deposit ratio edged up to 67%, reflecting disciplined balance sheet growth. Provision for credit losses remained low at $3.5 million, compared with $4.2 million a year earlier, and non-performing assets represented just 0.28% of total assets, underscoring strong asset quality across commercial, personal and institutional lending portfolios.

The board declared a quarterly common dividend of $0.43 per share, payable April 1 to shareholders of record as of March 10, and a preferred dividend of $0.484375 per depositary share on the Series B 7.75% preferred stock, payable April 15 to holders of record as of March 31. The common payout represents a 15% increase over the prior year’s distribution, reflecting UMB Financial’s commitment to returning capital to shareholders while maintaining a CET1 capital ratio of 11.8%.